Cooper Standard Reports 3rd Quarter Results
During the third quarter of 2017, the company generated net income of $24.6 million, or $1.32 per diluted share, and adjusted EBITDA of $96 million on sales of $869 million.
Cooper Standard Unveils Global Technology Center
The 137,750-square-foot facility offers capabilities in material science, tooling, development, production and validation.
Cooper Standard Named 2018 Automotive News PACE Award Finalist For Its Fortrex Material
The Fortrex material combines the best attributes of ethylene propylene diene monomer and thermoplastic vulcanizate materials, which are typically used in sealing, while eliminating their negative aspects.
Cooper Standard Celebrates Opening New Industrial Specialty Group Facility
The company consolidated three existing Industrial Specialty Group facilities and approximately 250 employees to maximize service, quality and cost efficiencies for its Industrial Specialty Group customers.
Cooper Standard Boosts Regional Capabilities, Establishes Asia Pacific Sealing Test And Prototype Centers In Shanghai
According to Cooper Standard, this investment is part of its commitment to create a full range of technical and manufacturing capabilities to serve local customers.
Cooper Standard Reports Record 1st Quarter Results
During the first quarter of 2017, the company generated strong net income of $41.7 million, or $2.20 per diluted share, and adjusted EBITDA of $111 million on sales of $902.1 million.
Cooper Standard’s Brigit Anthony Recognized With Manufacturing Leadership Awards
Anthony was recently recognized by The Manufacturing Institute as one of its 2017 STEP Ahead Award Honorees, and also by Profiles in Diversity Journal, which named her a winner of the 2017 Women Worth Watching in STEM Award.
Cooper Standard Appoints New Vice President, Financial Planning And Analysis
Linda Conrad joined Cooper Standard in 2014 as director, FP&A in the corporate accounting group and was promoted to the corporate financial staff. Since joining the company, Conrad has transformed the FP&A group from a reporting and consolidation function to a strategically focused analytical organization.
Bosch, Cooper Standard, Honeywell, Hyundai Mobis, Lear Corp., LG Electronics And NXP Semiconductors Join Auto-ISAC
Auto-ISAC was formed by automakers in August 2015 to establish a global information sharing community to promote vehicle cybersecurity.
Cooper Standard Reports Record 2016 Results
Adjusted net income for the fourth quarter totaled $48.1 million or $2.56 per fully diluted share. Adjusted EBITDA totaled $103.8 million, up 13.7 percent year-over-year.